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Goodwill and Intangible Assets, net
3 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net

10) Goodwill and Intangible Assets, net

Goodwill

A summary of changes in Company’s goodwill is as follows (in thousands):

 

Balance as of September 30, 2020

 

$

240,327

 

Fiscal year 2021 business combinations

 

 

15,098

 

Balance as of December 31, 2020

 

$

255,425

 

Intangibles, net

The gross carrying amount and accumulated amortization of intangible assets subject to amortization are as follows (in thousands):

 

 

 

December 31, 2020

 

 

September 30, 2020

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

 

Carrying

 

 

Accum.

 

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

 

Amount

 

 

Amortization

 

 

Net

 

Customer lists

 

$

399,588

 

 

$

316,700

 

 

$

82,888

 

 

$

382,942

 

 

$

312,928

 

 

$

70,014

 

Trade names and other intangibles

 

 

38,233

 

 

 

17,681

 

 

 

20,552

 

 

 

37,382

 

 

 

17,103

 

 

 

20,279

 

Total

 

$

437,821

 

 

$

334,381

 

 

$

103,440

 

 

$

420,324

 

 

$

330,031

 

 

$

90,293

 

 

Amortization expense for intangible assets was $4.4 million for the three months ended December 31, 2020, compared to $5.3 million for the three months ended December 31, 2019.